NOT LISTED FOR SALE

427 Vanderbilt Pkwy Newnan, GA 30265

Olmstead Neighborhood

Estimated Value: $610,000 - $694,000

5 Beds
3.5 Baths
3,051 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $618,000 $203 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,199/month

29 Days on Market

Highlights

  • In Ground Pool
  • 0.61 Acre Lot
  • Clubhouse
  • Lee Middle School Rated A-
  • Community Lake
  • Private Lot

About This Home

As of October 2022

Exquisite home with beautiful lake views of Lake Summer grove. Live in one of the most sought-after neighborhoods in the City of Newnan. This home boasts a Large open floorplan with a wall of windows controlled by remote blinds letting natural light into your living, kitchen area. Upon entry into the foyer there is a large, vaulted ceiling office with French glass doors across from the large separate dining room with coffered ceilings that seats plenty with plantation shutters. The Kitchen features Granite countertops, a breakfast bar with breakfast nook area overlooking a backyard full of lush flowering trees. A large walk-in pantry and separate walk in utility closet are very helpful right off of the large walk-in laundry room that features a laundry tub. Insulated walls and ceilings throughout. This home offers plenty of space with 4 Brms, 3.5 baths, Huge Bonus Room used as 5th bdrm currently, Office on the main, a master on the main, 3 car garage, 2 secondary bedrooms on the main with a Jack and Jill/ bathroom and split floorplan. Upstairs is separate from the home and offers private space where you will find the finished bonus room, 1 bedroom with plantation shutters and a full bath. Plenty of storage space upstairs as well with a walk-in attic space. Master bedroom is fit for a king with trey ceilings and windows to enjoy the beautiful back yard. Master bath awaits through French doors leading in, 6', deep soaking tub, plenty of lighting, large Walk in tile shower with tile shelving, bench, and dual vanities with granite. Plenty of cabinetry!! Large Master walk in closet perfect for his and hers. Back yard features an expanded patio with a game day porch, fully fenced in backyard, custom shed and stone fire pit. Game day porch has a ceiling fan is perfect for entertaining and ball season!! Lots of deer, birds and wildlife call this back yard home. The 3-car garage offers plenty of space for your cars and custom storage shelving installed all around. Largest lot in the neighborhood and special privilege to use of Lake Summer grove. Sprinkler system in lawn. Cool off in the community pool with extra kiddie fountain or let the kids enjoy the shaded playground with basketball court. Private road owned for private access to the homes on the street which is great for additional parking. There are really too many great things about this home to list you just have to see for yourself! The views from the top of the hill are extraordinary. just a mile or so to I85 and only minutes to downtown Newnan or Ashley Park Disc- Seller is a licensed real estate agent is GA

Last Listed By

Allyson Himes

HomeSmart License #321549 Listed on: 08/06/2022

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 2013

Lot Details

  • 0.61 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3,051 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround

Parking

  • Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Outbuilding

Location

  • Property is near schools

Schools

  • Welch Elementary School
  • Lee Middle School
  • East Coweta High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include swimming
  • Olmstead Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 2013

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2013
  • Main Level Half Bathrooms: 1
  • Financing Type: VA
  • Levels: One and One Half
  • Lot Size Acres: .61
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3051
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 3051
  • Above Grade Finished Sq Ft: 3051
  • Interior Amenities: Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Pulldown Attic Stairs, Tile Bath, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet, Vinyl
  • Kitchen Features: Breakfast Bar, Pantry, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 208.947

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Sprinkler System
  • Fencing: Fenced, Back Yard, Other
  • Lot Features: Level, Open Lot, Private
  • Pool Features: In Ground
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, Parking Pad, Off Street

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 700
  • Association: Yes
  • Community Features: Clubhouse, Lake, Playground, Pool, Sidewalks, Street Lights, Walk To Schools

Fee Information

  • Association Fee Includes: Swimming

Schools

  • Elementary School: Welch
  • High School: East Coweta
  • Middle School: Lee
  • Elementary School: Welch
  • Middle School: Lee
  • High School: East Coweta

Lot Info

  • Deed Book: 5282
  • Deed Page: 97

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4618.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Oct 14, 2022
Sold by
Calhoun Christopher J
Bought by
Davis Lorenzo F and Davis Melissa R
Seller's Agent
Allyson Himes
HomeSmart
Buyer's Agent
Andrea Epps
AREA
List Price
$657,900
Sold Price
$618,000
Premium/Discount to List
-$39,900
-6.06%
Total Days on Market
29
Views
76
Current Estimated Value
$657,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,176
Avg. Annual Appreciation
2.71%
Original Mortgage
$618,000
Outstanding Balance
$599,625
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$62,056

Purchase Details

Closed on
Mar 12, 2021
Sold by
Everhart Gilbert B
Bought by
Calhoun Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
David Lindsey Homes Inc
Bought by
Everhart Gilbert B and Everhart Anna Faye

Purchase Details

Closed on
Oct 1, 2012
Sold by
Olmsted Llc
Bought by
David Lindsey Homes Inc

Purchase Details

Closed on
May 22, 2002
Sold by
Roquemore William A
Bought by
Olmsted Llc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Lorenzo F $618,000 --
Calhoun Christopher J $430,000 --
Everhart Gilbert B $301,113 --
David Lindsey Homes Inc $65,000 --
Olmsted Llc $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Lorenzo F $618,000
Previous Owner Calhoun Christopher J $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $618,000 -3.1% $203 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $637,500 -1.2% $209 / Sq Ft
08/11/2022 08/11/22 Price Changed $645,000 -0.8% $211 / Sq Ft
08/08/2022 08/08/22 Price Changed $649,900 -1.2% $213 / Sq Ft
08/05/2022 08/05/22 Price Changed $657,900 0.0% $216 / Sq Ft
08/05/2022 08/05/22 For Sale $657,900 -- $216 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,755 $235,958 $29,000 $206,958
2022 $4,100 $192,704 $29,000 $163,704
2021 $2,586 $171,840 $29,000 $142,840
2020 $2,668 $171,840 $29,000 $142,840
2019 $2,415 $132,389 $26,000 $106,389
2018 $2,437 $132,389 $26,000 $106,389
2017 $2,420 $132,389 $26,000 $106,389
2016 $2,796 $132,389 $26,000 $106,389
2015 $2,396 $119,091 $26,000 $93,091
2014 $651 $119,091 $26,000 $93,091
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20063677

Georgia MLS

APN: 111A-128